Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0057%/8h= −6.2% APRpaid last 24h +0.061%

Price spread now: Arcus against edgeX−0.032%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Arcus is 0.032% cheaper against edgeX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX DRAMUSDC	61.080	0.0097	pay 0.0049% / 4h	1h 34m	$148K	$298K	20x
Short	Arcus DRAM-USD	61.060	0.0040	get 0.0005% / 1h	34m 41s	$48K	$68K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against edgeX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee edgeXbpFee ArcusbpOrdersPrice spread, now −0.032%Rate

Funding earned: −$11.97
Price spread: −0.032% → 0.000%: −$3.2
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$28.67
Costs to cover: 0.135%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 8 min ago; Arcus: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 8 min ago	2.45 bp	7.3 bp −$7	16.0 bp −$160	doesn't fit	doesn't fit
Sell Arcus no order-book sample	—	—	—	—	—

Arcus: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget DRAMUSDT	−0.0554%	8h	61.110	+0.050%	$26.0M	$14.6M	20x	as long as short
Aster DRAMUSDT	0.0000%	8h	61.102	+0.037%	$197K	$35K	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.107	+0.045%	$9.4M	$10.2M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.076	−0.006%	$423K	$362K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.130	+0.083%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.113	+0.054%	$36K	$201K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.070	−0.016%	$655	$2.6M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	0.0000%	1h	61.070	−0.016%	$13K	$3K	20x	as long as short
HTX DRAM-USDT	0.0000%	8h	61.050	−0.048%	$27K	$3K	20x	as long as short
Phemex DRAMUSDT	0.0000%	8h	61.090	+0.017%	$1.7M	$1.3M	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DRAM-USDT-SWAP	+0.0017%	8h	61.110	+0.050%	$5.4M	$5.9M	50x	as long as short
Aftermath Perps DRAMUSD	+0.0029%	1h	61.079	0.000%	$1K	$31K	5x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.080	+0.001%	$995K	$84K	10x	as long as short
Arcus DRAM-USDshort	+0.0040%	1h	61.060	−0.032%	$48K	$68K	10x
Vest DRAM-USD-PERP	+0.0046%	1h	61.070	−0.016%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.066	−0.022%	$168K	$470K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.054	−0.042%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.085	+0.009%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.060	−0.032%	$1.0M	$3.5M	10x	as long as short
Variational Omni DRAM	+0.0055%	8h	61.064	−0.025%	$2.3M	$682K	—	as long as short
tradeXYZ xyz:DRAM	+0.0071%	1h	61.053	−0.043%	$79.0M	$35.9M	20x	as long as short
BloFin DRAM-USDT	+0.0076%	8h	61.090	+0.017%	$300K	$26K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0095%	8h	61.085	+0.009%	—	—	5x	as long as short
edgeX DRAMUSDClong	+0.0097%	4h	61.080	long leg	$148K	$298K	20x
Binance DRAMUSDT	+0.0099%	8h	61.083	+0.006%	$43.7M	$87.6M	50x	as long as short
Pacifica DRAM	+0.0100%	1h	61.094	+0.023%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.070	−0.016%	$3.0M	$416K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.110	+0.050%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.070	−0.016%	$8K	—	10x	as long as short
Extended DRAM-USD	+0.0104%	1h	61.070	−0.015%	$74K	$193K	10x	as long as short
MEXC DRAM_USDT	+0.0104%	8h	61.070	−0.016%	$8.0M	$5.6M	100x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.067	−0.020%	$4K	—	10x	as long as short
Lighter DRAM	+0.0144%	1h	61.115	+0.058%	$1.1M	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	+0.050%	$525K	$75K	20x	as long as short